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Computer-owners combine complementary goods to a computer-system. They exchange data with others and between different applications. These interdependencies lead to three different network effects, which are explained in the framework of Hotelling models. In the framework of a one-dimensional...
Persistent link: https://www.econbiz.de/10009277780
more aggressively, can—through increased auction revenue—increase its profit, while disadvantaging downstream competitors …
Persistent link: https://www.econbiz.de/10010987680
decisions on competition and welfare. Our analysis shows that the incentives for vertical integration crucially depend on …
Persistent link: https://www.econbiz.de/10010958700
This paper shows that dominant firms may wish to encourage competition in vertically-related markets. It shows that …
Persistent link: https://www.econbiz.de/10010535378
This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … decreases the downstream industry profit, but improves the upstream firm's negotiation position. In particular, the upstream …
Persistent link: https://www.econbiz.de/10009645004
provides a framework for our analysis. Returns-to-scale and the intensity of competition are key to understanding the impact of …
Persistent link: https://www.econbiz.de/10009369344
This paper reverses the standard order between input supply negotiations and downstream competition and assumes that … competition for orders takes place prior to procurement of inputs in a vertical chain. In an environment where procurement …
Persistent link: https://www.econbiz.de/10005130157
competition. We also find that outsourcing increases when plants face simultaneous increases in product quality and product prices … and that it decreases when plants face simultaneous increases in market share and market competition. Finally, we find …
Persistent link: https://www.econbiz.de/10005010454
With airport privatization and infrastructure expansion projects taking place in the liberalized European air transport market, airport and airline companies are critically reevaluating their vertical governance structures. This paper analyzes the comparative efficiency of vertical governance...
Persistent link: https://www.econbiz.de/10005162797
This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … decreases the downstream industry profit, but improves the upstream firm's negotiation position. In particular, the upstream …
Persistent link: https://www.econbiz.de/10005497922